STARTUP AWARD PROCEDURES FOR COLLEGE DEAN
· PI makes request to Dean for Startup Funds
· Dean reviews and approves or denies request
· If approved, the Dean of the College will send the form “Request for Research Faculty Start-Up Funding Account” to the Vice President of Research and Tech Transfer for approval and establishment of Fund & PI Org code.
· Upon approval, the request will be sent to Kristin Arnold in Research & Technology Transfer at requesting a fund and org be established with the following information (found on the request form):
o PI Name and WSU ID
o PI Department
o Amount of startup funding by fiscal year
o Purpose of startup (travel, supplies, equipment, salary, etc.) for budget purposes
o Source of funds
· Kristin will set up the 700xxx PI org number if the PI does not already have one.
· An SRO “D” fund will be established with this org code for the PI and then Sarah Hunt or Kathy Riker will set up the budget and transfer the cash from the source(s) of funding. Establishing the budget allows PI to spend without the full cash balance available.
· Once this is complete, RTT will notify the PI, the Dean, and the office contact that their fund is ready to use. RTT will transfer cash to match the funding request. Cash from other funding sources will be transferred as soon as the startup is approved.
· In May, any startup funds in negative cash position will be reviewed by Financial Operations. Consideration may be given to roll forward negative cash balances as long as there is an agreement between the Dean and Director of Financial Operations that the fund will become positive within the following fiscal year.
College IDC (Indirect Cost) Funds for FY14
· Dean’s will receive a College SRO allocation on any grant that collects IDC of at least 26%.
· Funds will be automatically deposited to the Dean’s College IDC fund on the first business day of each month.
Wichita State University │ Research and Technology Transfer │ 1845 Fairmount Street
Wichita, Kansas 67260-0007 │ tele: (316) 978-3285 │ fax: (316) 978-3750
web:www.wichita.edu/research